Village Farms: Analyst Consensus Points To Positive Q2 EBITDA Of $1.31 Million

Village Farms International, Inc. (TSX: VFF)  announced that they will be reporting their second quarter financials before market open on August 9.

Analysts have a consensus C$23.39 12-month price target on the company, via a total of 6 analysts, with one analyst having a strong buy rating, and the other five have buy ratings. The street high comes from Raymond James with a C$32.84 price target, and the lowest target comes from Craig Hallum with a C$16 price target.

5 analysts have revenue estimates for the second quarter. The mean between all 5 is C$62.99 million; this number has been revised slightly downwards from C$66.40 million at the start of the year. The street high is C$66.70 million while the lowest sits at C$58.91 million.

Three analysts have estimates for what this quarter’s gross profit margin will be. They expect the profit margin to come in at 10.2%, with this number being revised downwards from 20.85% at the start of the year. Street high goes to Craig Hallum with a 12.30% estimate and the lowest sits at 6.30%.

Onto EBITDA estimates, there are currently only 5 analysts who have second quarter EBITDA estimates. The mean is currently C$1.31 million, with this number being lower at the start of the year. Street high goes to Craig Hallum with a C$2.25 million EBITDA estimate and the lowest being a C$0.5 million estimate.


Information for this briefing was found via Sedar and Refinitiv. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

The Gold Trade Is Shifting From Margins to Growth | Geordie Mark – Blue Jay Gold

CopAur Minerals – This PEA Has A Mine Life of What?!

Ontario’s Fast Track to Silver Production Is Starting to Matter | Frank Basa – Nord Precious Metals

Recommended

Blue Jay Gold Launches 16,000 Metre Drill Program At Steller

Crossroads Gold Begins 2026 Exploration at Pambula, Reports Gold In Soil Up to 24.6 g/t

Related News

Cresco Labs: Analyst Q4 2020 Consensus Expectations

Cresco Labs (CSE: CL) announced that they will be reporting their fourth quarter and year-end...

Thursday, March 25, 2021, 06:00:00 AM

Cresco Labs: PI Financial Reiterates $23 Price Target Following Q1 Financials

Cresco Labs (CSE: CL) reported its first-quarter financial results last night. The company announced revenue...

Thursday, May 27, 2021, 05:04:00 PM

Canaccord Reiterates Columbia Care As A Cannabis Top Pick

Columbia Care (NEO: CCHW) reported its first quarter financial results on May 17th. The company...

Thursday, May 20, 2021, 04:41:00 PM

Aurora Cannabis: Canaccord Drops Price Target to $6

On November 9th, Aurora Cannabis (TSX: ACB) reported its fiscal first quarter financial results. The...

Friday, November 12, 2021, 04:17:00 PM

Cybin: Canaccord Bumps Price Target To US$7.00

Cybin Inc (NEO: CYBN) last month had a long month of news reports, the first...

Thursday, September 2, 2021, 11:16:00 AM